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Linn Energy, LLC (LINE) Message Board

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  • sandonthebeach47 sandonthebeach47 Dec 4, 2012 6:50 PM Flag

    Mike Linn has joined QRE

    This is what you posted:
    "Earlier in the year when I suggested QRE had a lot of promise, I got nothing but sneers from the know-it-all trio of Jack's groupies who love nothing better than contradicting.
    Now I suppose they will love it since it turns out Mike Linn left LINE to go to QRE."

    Now lets see some of the facts.

    If you had actually followed jack and did what he did....from last december until now and had SOLD your MLPs and BOUGHT MTGE then you would have a gain of 52.02% using the buyupside div reinvestment backtest calculator.

    If you did what you had suggested and it was from last December and bought QRE then you would be DOWN even with four dividends....so your loss would be 3.23%......your return would be -3.23 %

    AND, Jacks would be a gain of 52.02%.....so,

    HOW is anything about what you posted correct?

    Did not look at what Jack actually did when he left LINE, or just too embarrased to mention that QRE is actually down 3.23% even after 4 dividends paid,...or, maybe you do not even know how much QRE is down on a total return basis....and still just making up things?

    Looks like they could use some help and Mike Linn might be someone who can add something helpful that clearly seems to be missing based only on looking on what they did over the last year.....while LINE is UP about 11% during that same time period.

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    • I was neither buying MTGE nor QRE so how can you know whether what I did was correct since you have no knowledge of my portfolio performance over the period. My portfolio income continues to increase and compound (putting me in the 'rich' category, were the income not mostly offset my depletion and depreciation offsets). So I'm doing fine, thank you very much.

      • 1 Reply to lizahuang54321
      • This is why:
        You said this,
        "Earlier in the year when I suggested QRE had a lot of promise"

        And it went down 3.23% on a total return basis even after 4 dividends were paid....right?

        So, keep up the good work.

        Jack bought MTGE when he left LINE.....no one said that you did but maybe you should pay closer attention to what Jack does since you look like you could use some of his help.

        This was most of my post:
        "This is what you posted:
        "Earlier in the year when I suggested QRE had a lot of promise, I got nothing but sneers from the know-it-all trio of Jack's groupies who love nothing better than contradicting.
        Now I suppose they will love it since it turns out Mike Linn left LINE to go to QRE."

        Now lets see some of the facts.

        If you had actually followed jack and did what he did....from last december until now and had SOLD your MLPs and BOUGHT MTGE then you would have a gain of 52.02% using the buyupside div reinvestment backtest calculator.

        If you did what you had suggested and it was from last December and bought QRE then you would be DOWN even with four dividends....so your loss would be 3.23%......your return would be -3.23 %

        AND, Jacks would be a gain of 52.02%.....so,

        HOW is anything about what you posted correct?

        Did not look at what Jack actually did when he left LINE, or just too embarrased to mention that QRE is actually down 3.23% even after 4 dividends paid,...or, maybe you do not even know how much QRE is down on a total return basis....and still just making up things?

 
LINE
32.14-0.39(-1.20%)Jul 10 4:00 PMEDT

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